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Brno, Czech Republic / Luxembourg, 7 June 2019

Citizens take active part in discussing Nová Zbrojovka and provide nearly 4,000 responses

The actual look of the new neighbourhood still to grow not far from Brno city centre remains subject to discussion. The project for Nová Zbrojovka, which will stretch over some 22 hectares, has received inputs not only from representatives of the Moravian capital, architects and other experts but also from Brno citizens. Over the past several months, city inhabitants had the opportunity to vote for their favourite designs proposed for individual zones of the new neighbourhood by a number of architectural studios. People were also able to submit project comments and suggestions. All of these inputs will serve as one starting point for the project team.

Conceptual proposals for the new neighbourhood were submitted by no less than 14 architectural studios. They put forward a diverse range of solutions for the individual zones. For each of the six zones, the public was able to vote on the submitted proposals for a period of one month, during which time people were also able to submit comments. In nine months of voting on the proposals and collecting comments, we accumulated almost 4,000 responses. This broad survey provided us with a wealth of valuable insights that have helped us to form a more definite vision for the neighbourhood, said Ladislav Všetečka, Project Manager for Nová Zbrojovka at CPI Property Group. We wish to thank everyone who contributed. The considerable public interest motivates us to keep improving our project, Všetečka added.

In their provided comments, people most frequently expressed wishes to see more greenery and bodies of water included in the designs, along with sports facilities. Good infrastructure and easy connections with other parts of the city were also often mentioned. We are great supporters of the city’s plans and hope that the planned Nová Dukelská project can be realised soon as it will provide a link from Tomkovo Square, through the former Zetor engine factory and across the river Svitava, connecting Nová Zbrojovka to the city’s main ring road, noted Všetečka. I am confident that negotiations with the city and among the involved parties will continue to progress constructively and will soon produce the necessary city council decisions, he added.

Results of voting for individual zones

Zone 6, earmarked for a public space, attracted the greatest number of responses. The zone is located along Lazaretní Street near the Zábrdovice lido. The zone is to feature a combination of leisure-time facilities and services. The public favoured a design by Kuba & Pilař architekti, s.r.o. It proposes a hotel, multipurpose indoor sports facility and outdoor sports ground.

In terms of the total number of votes, the runner-up was the central area, zone 5. People most favoured the designs submitted by CMC architects, Kuba & Pilař architekti s.r.o., and AiD team a.s. As a result, similar numbers of votes were cast in favour of a design proposing a centrally positioned public space with a terrace stairway, a design that proposes a living green square with a body of water, and a submission with blocks of buildings and a combination of functions creating a living transition between the residential area along the Svitava riverbank on one side and an office area stretching to railway tracks on the other.

According to a poll conducted when zone 4 was unveiled, residential properties in Nová Zbrojovka should offer a combination of multiple-dwelling houses, apartments, starter homes and rental housing. Respondents showed little interest in investment-type properties. When it came to zone 3, citizens of Brno preferred the concepts put forward by AiD team a.s., and TheBüro.

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CPI PROPERTY GROUP

CPI PROPERTY GROUP is a leading long-term investor in income-generating real estate, primarily in Czechia, Berlin and the CEE region. The Group’s headquarters are in Luxembourg and its shares are listed on the Frankfurt Stock Exchange. CPI Property Group (“CPIPG”) owns and operates a diversified, high-quality real estate portfolio valued at €7 billion as of June 30, 2018. While the largest sectors of the Group are office and retail, CPIPG also has hotels, residential, industrial, agricultural and logistics properties and holds a land bank primarily in Czechia, of which the largest segment is in Prague. Approximately 78 percent of CPIPG’s properties are located in Czechia and Berlin, with the remaining properties in Hungary, Poland, Slovakia and Croatia and to a lesser extent Switzerland, France, Italy, and Romania. The Group has an asset management team which actively manages the portfolio to improve occupancy rent, and tenant mix. The Group conducts asset management at the headquarters level, and at the local level for all key segments and geographies. Currently, CPIPG is the largest office landlord in Prague, the largest retail landlord in Czech Republic, the largest office landlord in Berlin and second largest residential landlord in the Czech Republic. The Group’s strategy is focused on our core geographies of Czechia and Berlin, with continued selective investments in CEE and other segments where we can add value. CPIPG has a conservative financial policy which supports the Group’s investment grade credit ratings.

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